2931 Orchid Ranch Drive
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2025 | Sold | ||
| Sold | |||
| Aug 21, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Listed by Daytown International LLC | $359,000 | |
| Listed by Daytown International LLC | |||
| Jul 5, 2025 | Price Decreased |
$359,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Jun 20, 2025 | Listed | $369,000 | |
| Listed | |||
| | |||
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Beautiful 4 bedroom, 2.5 bath home located in awarded KatyISD. Home features bright light, separate tub and shower, large walk-in closets. Refrigerator, washer, and dryer are included. Minutes away from schools, shopping, and major freeways. The backyard features a covered patio area that's great for outdoor dining or simply enjoying a cup of coffee in the morning. Freshly painted interior with brand NEW carpet; entire exterior professionally pressure washed.
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About Fort Bend
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Last Updated: 4 months ago
Data Source: HAR , MLS# 57284791
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017